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Shares of PCH Up 25.9% Since Uptrend Call on Shares

By Shiri Gupta

SmarTrend identified an Uptrend for Potlatch (NYSE:PCH) on August 17th, 2012 at $35.55. In approximately 6 months, Potlatch has returned 25.91% as of today's recent price of $44.76.

In the past 52 weeks, Potlatch share prices have been bracketed by a low of $28.02 and a high of $45.82 and are now at $44.76, 60% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.7%.

Potlatch Corporation is a real estate investment trust that owns timberlands in Arkansas, Idaho, Minnesota and Wisconsin. The Company grows and harvests timber, as well as manufactures and sells wood products, printing papers, and other pulp-based products. Potlatch's timberlands and all of its manufacturing facilities are located in the continental United States.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Potlatch shares.

Log in and add Potlatch (PCH) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights potlatch

Ticker(s): PCH